How did Tadawul shares fare during auction time today?

06/03/2019 Argaam

 

In this report, Argaam monitors the movement of Tadawul-listed stock prices during the auction period that follows the regular trading time. The Auction period lasts 10 minutes between 3 pm and 3:10 pm.

 

The table below compares the performance of Tadawul All Share Index (TASI):

 

TASI Performance During March 6 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,533

8,534

+1

Value Traded

 (SAR mln)

2,109

2,125

+16

Volume Traded

(mln shares)

98.3

99.0

+0.7

Number of transactions

85,033

87,881

+2,848

 

The Index rose by around 1 point during the auction period, with a value traded of SAR 16 million in 2848 transactions, narrowing the index losses to 27 points. The volume traded represented 0.8 percent of total day’s activity.

 

Below is a track of individual stock movements post trading hours:

 

Decliners (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Bonyan REIT

9.20

8.51

(7.50%)

Savola

32.70

32.45

(0.76%)

SIIG

24.70

24.60

(0.40%)

Swicorp Wabel REIT

8.64

8.61

(0.35%)

Dur

20.60

20.54

(0.29%)

NCB

52.80

52.70

(0.19%)

Nama

26.85

26.80

(0.19%)

Advanced

55.00

54.90

(0.18%)

Umm Al Qura

11.90

11.88

(0.17%)

Saudi Kayan

13.96

13.94

(0.14%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Care

47.20

47.70

+1.06%

BATIC

38.40

38.70

+0.78%

Qassim Cement

38.55

38.80

+0.65%

SACO

68.40

68.70

+0.44%

Wataniya

23.58

23.68

+0.42%

SAICO

11.18

11.22

+0.36%

National Learning

23.48

23.56

+0.34%

Tawuniya

59.20

59.40

+0.34%

Anaam Holding

12.40

12.44

+0.32%

Zain

9.66

9.69

+0.31%

 

During the 10-minute auction period, investors can place buy and sell orders based on which the system calculates a fair price per stock, and this fair price serves as a reference price for the following trading day.

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